Fidelity National Information Services, Inc.
A securities class action has been filed in the USDC – M.D.FL. against Fidelity National Information Services, Inc. (“Fidelity National”) (FIS) on behalf of all persons or entities who purchased Fidelity National common stock between February 9, 2021 through February 10, 2023.
The complaint alleges that Fidelity National and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. In 2019, Fidelity National acquired the payment-processing company Worldpay Inc. (“Worldpay”) for $48 billion. Then, on February 13, 2023, Fidelity National booked a $17.6 billion write-down on its Worldpay business and announced plans to spin off the unit.
On this news, Fidelity National’s stock price fell $9.43 per share, or 12.5%, to close at $66.00 on February 13, 2023.
If you purchased Fidelity National securities during the Class Period and would like to receive more information or join the action, please enter your contact information below and click “Submit Your Information”
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.
An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.